NOT LISTED FOR SALE

1504 Indian Way Unit 1504 Cumming, GA 30040

Estimated Value: $315,000 - $343,000

2 Beds
2.5 Baths
1,376 Sq Ft
$242/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $125,000 $91 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $2,883/month

Highlights

  • Deck
  • Oversized primary bedroom
  • Wood Flooring
  • Otwell Middle School Rated A
  • Traditional Architecture
  • Bonus Room

About This Home

As of November 2015

Cute townhome in Pilgrim Lake. Home offers 2 bedrooms, & 2.5 bathrooms. Large open family room with breakfast room, breakfast, and kitchen. Half bathroom on the main living floor. Finsihed bonus room in the basement/1st floor. 1 car garage. Large master suite with private bath, laundry room upstairs. Addt. bedroom and full bath upstairs. Great roommate plan. Large deck & fenced backyard. Flagstone patio. Fridge, Washer & Dryer remain. Hardwoods thru-out the home. Wood blinds. Wooded private backyard. Crown molding! Very nice townhome, MUST SEE!

Last Agent to Sell the Property

Matthew Thaxton

Keller Williams Realty Community Partners License #352304 Listed on: 08/14/2015

Keller Williams Realty Community Partners

Last Buyer's Agent

Elaine Carlton

BHGRE Metro Brokers License #359258

BHGRE Metro Brokers

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,069

Year Built

  • Built in 2002

Lot Details

  • Private Entrance
  • Fenced
  • Landscaped
  • Private Yard
  • Front Yard

HOA Fees

  • $872 per month

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,376 Sq Ft Home
  • 1-Story Property
  • Roommate Plan
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Bonus Room
  • Wood Flooring
  • Open Access

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Oversized primary bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Hall
  • Laundry on upper level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Accessible Home Design

  • Accessible Entrance

Outdoor Features

  • Deck
  • Patio

Schools

  • Cumming Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Community Details

  • $95 Initiation Fee
  • Pilgrim Lake Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 194 557

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,069

Year Built

Built in 2002

Lot Details

0

HOA Fees

$872 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 2002
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Walk-In Closet(s)
  • Basement: Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Kitchen Island, Laminate Counters, Pantry, View to Family Room
  • Additional Rooms: Bonus Room
  • Square Footage: 1376.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Oversized Master, Roommate Floor Plan, Split Bedroom Plan
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Private Front Entry, Private Yard

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Security: Open Access
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Hall, Upper Floor
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Association Fee Frequency: Monthly
  • Master Association Fee: 872
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Pilgrim Lake

Association/Amenities

  • Number Of Units In Community: 1

Schools

  • Elementary School: Cumming
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Lot Features: Front Yard, Landscaped
  • Parcel Number: 194 557
  • Property Attached Yn: Yes

Rental Info

  • Initiation Fee: 95

Tax Info

  • Taxes: 1069.00
  • Assessor Parcel Number: 194-000-557
  • Close Date: 2015-11-25
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Cumming
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2019
Sold by
Knolls Lee
Bought by
Knolls Lee and Knolls Delette Elaine
Current Estimated Value
$333,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Outstanding Balance
$132,178
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$200,984

Purchase Details

Listed on
Aug 14, 2015
Closed on
Nov 20, 2015
Sold by
Newcome Zack Z
Bought by
Rodriguez Angel
Seller's Agent
Matthew Thaxton
Keller Williams Realty Community Partners
Buyer's Agent
Elaine Carlton
BHGRE Metro Brokers
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%

Purchase Details

Closed on
Apr 7, 2011
Sold by
Bank Of Ny Mellon 2005-10
Bought by
Roman Katrina and Newcome Zack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,127
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2010
Sold by
Charest Christopher
Bought by
Structured Asset Mtg 2005-10

Purchase Details

Closed on
May 16, 2003
Sold by
Homeland Legacy Inc
Bought by
Lanier James M and Lanier Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,210
Interest Rate
5.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Knolls Lee -- --
Knolls Lee $187,000 --
Rodriguez Angel $125,000 --
Roman Katrina $69,900 --
Structured Asset Mtg 2005-10 $123,294 --
Lanier James M $127,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knolls Lee $149,600
Closed Knolls Lee $149,600
Previous Owner Roman Katrina $68,127
Previous Owner Charest Christopher $28,820
Previous Owner Lanier James M $130,600
Previous Owner Lanier James M $127,210
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2015 11/25/15 Sold $125,000 -8.1% $91 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
09/08/2015 09/08/15 Price Changed $136,000 -2.9% $99 / Sq Ft
08/14/2015 08/14/15 For Sale $140,000 -- $102 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,016 $131,844 $54,000 $77,844
2024 $3,016 $122,984 $54,000 $68,984
2023 $2,884 $117,160 $40,000 $77,160
2022 $2,428 $78,644 $22,000 $56,644
2021 $2,172 $78,644 $22,000 $56,644
2020 $2,033 $73,612 $20,000 $53,612
2019 $1,723 $62,300 $18,000 $44,300
2018 $1,601 $57,908 $18,000 $39,908
2017 $1,428 $51,440 $18,000 $33,440
2016 $1,298 $46,760 $14,000 $32,760
2015 $1,200 $43,160 $10,400 $32,760
2014 $1,069 $40,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5583220

First Multiple Listing Service (FMLS)

APN: 194-557